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into effect in washington state. >>> and royal ruse. australia's shock jocks pose at the duchess of cambridge to the hospital. >> when can you come down to take her? maybe in the morning or something. if that's okay. . this is the cbs morps news for . this is the cbs morps news for december 6, 2012. captioning funded by cbs >>> good morning, everybody. i'm terrell brown. stunning. that's what they here after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. a poll shows nearly half of those ads say it's time to end talks cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes? >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of thei
>>> "outfront" next, president obama visited a toy factory today. and while everyone in washington is acting rather childish about the fiscal cliff, this is not child's play. 33 days left. and the u.s. ambassador to the u.n., susan rice, facing new scrutiny today from democrats. this time about her personal investments. and the number of drones has surged. the newest versions, though, pretty incredible. they look like a cheetah and a fish. let's go "outfront." >>> good evening, everyone. i'm erin burnett. "outfront" tonight, hey, washington stop playing battleship. yes. battleship. we went out and bought it because we wanted to remind you, the kids game where the goal is, i'll read it, can you sink your opponent's fleet before your opponent sinks yours? pretty perfect. this fiscal cliff though is not child's play. it's just 33 days away and today, president obama's visit to a toy factory in pennsylvania had everyone acting a bit childish. >> i've been keeping my own naughty and nice lists. >> we're not interesting in playing rope a dope. >> i wasn't going to have him building rolle
. >> thanks very much. next, new jersey republican governor chris christie in washington today asking for money. hypocritical or not? and a day after internet guru john mcafee was arrested, he was rushed to the hospital. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issu
discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday. this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal cliff. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c., the standoff continues. house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we
,000 men and women and children have recorded killed in syria during uprising. now, live from washington. are the united states officials commenting that the government has used the chemical weapons? >>reporter: reporters were told they do not have evidence of this but video uploaded by the syrian opposition and impossible to independently verify by fox, claims to show the use of the chemical weapons by assad regime. this fire which allegedly produces toxic smoke began after a tank was unloaded by a syrian jet over rebel-held territory. another video could not be authenticated showed gear confiscate by the opposition. the israeli around to the united states responded that the israelis have intelligence assets monitoring the stockpiles. >> syria has a very varied deep chemical weapons program. it is dispersed geographically. if the weapons were pass into the hands of hezbollah that would be a game changer. >> he said the jihad presence in syria is big and getting bigger and the longer this conflict goes on the more they can establish a presence. >>shepard: different groups involved with t
, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senator alan simpson is bringing his meg aboutssage about the national debt to a new generation. >> gangnam style. >> on cbs "this morning." >> the star? a toddler and tiaras earning a spot on barbara walters list of the 20 most
such a terrible idea to him. that's exactly what the people -- has people in washington so worried tonight. "the fox report" correspondent jonathan hunt son set tonight. do we know exactly where the united states is getting the intelligence information on these supposed chemical weapons? >> in a word, shep, no, because on the grounds that they don't want to compromise their intelligence sources u.s. officials aren't telling us. but those questions are being asked, particularly given the experiences we had with intelligence in the run-up to the iraq war in 2003. if we don't have our own resources on the ground from whom we are we getting this word that these chemical weapons are be prepared and how reliable are those sources? defense secretary leon panetta would not be drawn on that earlier today. listen. >> without commenting on the specific intelligence that we have with regard to these chemical weapons, i think there is no question that we remain very concerned. the intelligent that we have raises serious concerns that this is being considered. >> certainly the alarm is nothing surrounded this
, but they love fun. zoraida, thank. >>> kind of a big old pot party in washington state now. take a look at. >> two, one! >> that's because at midnight, possession of up to an ounce of marijuana for personal uses is legal thanks to a landmark ballot initiative that passed last month and took effect at midnight. to celebrate, pot smokers have been lighting up in the shadow of seattle's iconic space needle. cnn's miguel marquez is in seattle for us this morning. morning. >> reporter: good morning there. this was only one of many parties across the state with people just taking the first step as this new law is implemented. ♪ >> reporter: the moment recreational pot, anything less than an ounce, no longer illegal in washington state. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana. you know, it's -- i'm free to be free. >> reporter: several dozen hard-core smokers showed up here to the base of the space needle, the symbol of the city and of the state to light up at the stroke of midnight. and while the new law does not allow smoking in public pl
panetta. we'll have a report from the pentagon on syria in a moment. >>> first, shock waves in washington. a powerful republican senator suddenly calling it quits. south carolina senator jim demint will step down december 31st to lead the heritage foundation. it's a powerful conservative think tank in washington. demint says he can be more effective outside the senate. >> a lot of my role in the senate has been stopping bad things and saying no to bad things. but we need to do more than that and tell americans what we're for. one of the mistakes i think the republican party made the last two years is trying to make obama the issue without sharing with america bold reform ideas that get people inspired to get behind us. >> senator demint, huge tea party supporter. sometimes clashes with his own party's leadership. he is leaving with four years left in his senate term. earlier, he said he'd retire when the term was up in 2017 but gave no previous indication he might quit now. i want to go to dana bash joining me on the phone here. dana, huge surprise to a lot of people. what's behind the re
coverage from the region and washington. >>> also breaking overnight, arrested. the american software guru on the run for weeks after his neighbor was killed. now, in the hands of authorities. >>> an alert for parents. the government issuing a warning about a popular product, after the deaths of five newborns. >>> and rover behind the wheel? yep. teaching dogs to drive. >>> and good morning, everyone. we begin with that developing story from syria's civil war. credible, new concerns about the use of chemical weapons by syrian forces. >> syria's chemical weapons stockpile is believed to be one of the largest in the world. and there's word that regime forces might be ready to use it. we spoke with alex marquardt a short time ago, from the turkey/syria border. >> reporter: it seems that syria went through the preparation phase, loading components of the highly-toxic sarin gas. syria doesn't even acknowledge that it has chemical weapons. they've said that they would never use them against their own people. but one top official warned this summer that they would only be used against what he cal
avila, abc news, washington. >> you have to feel for her, too. here's the problem in a nutshell. unlike traditional mortgage. make your payments. equity. a reverse mortgage pays out equity in your home as cash. increases your debt and decreases your equity. that's the problem in a nutshell. that's how the woman got into the situation she did. it sounds good, but like with everything, there is a downside. commercials don't tell you about that. >> h.u.d., discussing two ways to address the problem. unfortunate to see people like that that may not have had all information had it and didn't look at it lose their beloved home. >> gamble with your biggest asset. that's the tough part. we will be back right after this. >> announcer: "world news now" >>> well, there are very few people in music that truly can be called living legend. if anybody embodies that title it has got to be loretta lynn. >> from a coal miner's daughter in butcher holler, kentucky to superstar at age 80. believe it or not she is on tour yet again. here is abc's sharyn alfonsi. ♪ ♪ if that ain't love tell me what isn't
of his father. brian todd, cnn, washington. >>> tanks, armored cars roll into egypt as protests target president morsi. michael holmes will weigh in on all this. >>> john mcafee arrested after being on the run. he is wanted for questioning about the death of his neighbor in belize. we're going to show you the video of his arrest. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> tanks, armored personnel carriers rolled into the area. this is near the presidential palace. they were scattering crowds of protester that is were fighting in the streets, and many egyptians now are angry at the president saying that he has now made himself a dictator. mohammed morsi spoke j
become legal in the state of washington. >> it feels so good. >>> nominees for the grammy awards, top contenders include kanye west and jay-z. >>> kobe bryant, the greatest player in the history of the los angeles lakers. >> all that -- >> are you ready for your mistake, costas? >> can eating while driving be distracting? >> no! >> and all that matters. >> former senator simpson is bringing his message to a new generation. >> gangnam style. >> on "cbs this morning." >> boo boo a star earning a spot on barbara walters 2012 list of most fascinating people. >> then barbara said i can't do this [ bleep ] anymore and retired. captioning funded by cbs >>> welcome to "cbs this morning." crisis in syria may be deepening, but there are also signs of a potential breakthrough. sources tell cbs news the united states has detected signs that syria's government is preparing chemical weapons for possible use. >> secretary of state clinton is holding an unscheduled meeting in ireland with the special envoy to syria. it is a sign that russia may be switching sides to put pr
chris christie in washington today asking for money. hypocritical or not? and a day after internet guru john mcafee was arrested, he was rushed to the hospital. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back. we start the second half of our show with stories we care about where we focus on our reporting from the front lines. first, john mcafee was rushed to a guatemalan hospital today. his attorney says he was being treated for cardiovascular
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term the best way to break washington stalemates, rally the public to their cause. here's how the president put it to cbs news. >> so getting out of this town, spending more time with the american people, listening to them and also then being in a conversation with them about where do we go together as a country, i need to do a better job of that in my second term. >> better job of explaining? >> well, explaining, but also inspiring. >> reporter: wolf, when it comes to a deal on averting the fiscal cliff, negotiations are on deep freeze. from the white house's perspective, they're not going to budge until house republicans come around to the view that tax rates on the wealthiest have to go up. but you know house republicans don't want to agree to any kind of deal that includes that. so right now it's a blinking contest. of course, the white house thinks it's one they'll ultimately win, because in the new year tax rates automatically go up. >> and there could be a recession once again if we go into that fiscal cliff. how worried are officials over at the white house that the pr
're thinking washington would not be so stupid as to let this fall through, go off the fiscal cliff. bottom line we expect the speaker to hammer away on too much spending. washington has a spending problem, a familiar theme in all these talks, jenna. jenna: we'll take the viewers back there when bain starts to speak. mike, thank you. >> reporter: thank you. jon: wouldn't it be nice if he could talk about some progress. joining us with more on this, kimberly strassel, a columnist for "the wall street journal" as michael lewded to, they have about what, 72 hours really to get something concrete done here? >> that's right. when you think about this, everyone talks about the january 1st deadline but reality is most people are looking at next friday as the real deadline. they're assuming that that is when the markets consider there to be a deadline. if something isn't done by then maybe panic ensues. so when you work back from that you have to leave at least a week for the republicans to put something up in the house, give those requisite three days for members to read it, for the public to see
because i think that video is just what washington needs to crack thehole fiscal cliff thing wide-open. all i'm saying is i think h the power to bring people together simpson style. that's it for us. thanks for watching. erin burnett out front starts now. >>> "outfront" next, 27 days away from the fiscal cliff. things are getting silly. octogenarians doing gangnam style. plus, what the united states is anning to do if assad uses chemical weapons against his own people. and 24-year-old amy copeland contracted a deadly flesh eating disease in may. doctors gave her a 1% chance of "outfront" to talk about it. let's go "outfront." tonight, gangnam style. yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment
in benghazi a month before the attack where the individuals on the ground, head of security, warned washington they could not sustain a coordinated attack and there were at least ten militias or islamist groups. it amounts to a smoking gun warning. not the only was there further security provided but the security force was further pulled back. >> what are we learning about the status of that f.b.i. investigation? >> one of the things that is striking about the two classified briefings is a tight lid on response from lawmakers in the briefings about what we've learned. they were told there's been limited progress in the investigation by the f.b.i. because it's been hampered by a lack of cooperation by the countries who hold the suspects, particularly when you look at libya where the government does not have control over the eastern part of the country where benghazi is locate. the leading democrat is telling fox characterizing this lack of progress is limited. >> there's a lot more to do. this is an ondoing process but we're using our techniques and using our relationships with other government
know what you think. follow us on twitter. at ac 360. >>> when we come back here in washington, time is running out for lawmakers to strike a deal to avoid the fiscal cliff. negotiations appear to be turning much more into a game of political brinksmanship. both parties pointing the finger at the other. we're keeping them honest next. ♪ [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong founda
>>> quick reminder, go to the brooke blog at cnn.com/brooke. let's send to you washington next to my colleague, wolf blitzer. "the situation room" begins right now. hey, wolf. >> hey, brooke. thanks very much. happening now, a dangerous breakthrough by an unpredictable regime. north korea says it has orbited a satellite raising fears it could some day aim rockets at the united states. >>> also, a new escalation in syria's civil war. nato has detected the firing of unguided scud-type missiles. >>> and we're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating fro
reliefchallenge.com today for a special trial offer. >>> good morning, washington. look at that lovely picture of the nation's capitol. doesn't look like too much action around there. certainly a quiet morning in washington. maybe they are thinking about the fiscal cliff. who knows. well, our focus today and this morning is syria which is important, not just because more than 40,000 have died in the 21-month conflict but because there are new fears that the government may unleash deadly chemical weapons on its own people. that means more lives could be lost, and for americans it means that the u.s. would probably take action. president obama, secretary of state clinton and defense secretary leon panetta have warned president bashar al assad that using chemical weapons crosses the red line. >> the world is watching. the use of chemical weapons is and would be totally unacceptable. >> so the question is what would that action look like? cnn pentagon correspondent barbara starr has a look. >> reporter: randi, for defense secretary leon panetta, the major priority now is to try to determine syria's intent. does
. and we can only hope, learned a lesson in the process. >>> and this one's for you, george. as washington man, the gridlock, at least congress doesn't look like this. take a look. nothing gets george like a good parliament stepto. members of the ukrainian parliament couldn't decide who they wanted their next chairman to be. so, of course, this is actually, perhaps, in the bylaws. you fight it out. >> usually, that's taiwan. >> it is more exciting than a thumb war. one guy, yes. it did look like he was trying to crowd surf. we've obviously seen chairs thrown. but not today. perhaps progress, if only incremental. >> boy. let's hope it doesn't come to that in washington. >>> we have a different story here, though. >> we have some chilling, new details about the gunman who went on a shooting spree at an oregon mall earlier this week. we are learning more about the shooter from his ex-girlfriend. abc's neal karlinsky is in portland, oregon, with the very latest on this. neal, good morning. >> reporter: amy, good morning. that's right. we now know a lot more about the shooter this morning. we k
know what you think. follow us on twitter. when we come back here in washington, time is running out for lawmakers to strike a deal to avoid the fiscal cliff. negotiations appear to be turning much more into a game of political brinksmanship. both parties pointing the finger at the other. we're keeping them honest next. what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ have led
us on twitter. at ac 360. >>> when we come back here in washington, time is running out for lawmakers to strike a deal to avoid the fiscal cliff. negotiations appear to be turning much more into a game of political brinksmanship. both parties pointing the finger at the other. we're keeping them honest next. ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >> hi. >> you
washington needs to crack the whole fiscal cliff thing wide open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. erin burnett out front starts now. >>> "out front" next, 27 days away from the fiscal cliff. octagenarians doing gangnam style, no deal, and what syria is planning to do if bashar al assad will do if he uses chemical weapons against his own people? a woman with a 1% survival after contracting a flesh-eating bacteria. she made it. tonight let's go "out front." >>> good evening. i'm erin burnett. out front, gangnam style. this is how one man sees the fiscal cliff. this is allen simpson, as in the simpson in simpson/bowles. ♪ >> yep, that may be the most actions the fiscal cliff saw today. here's the scene on capitol hill here at noon. yep, people leaving, members of congress leaving washington, heading home on a wednesday afternoon. one man standing was the house speaker and he says, i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious abo
benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. >>> here is where we are on the fiscal cliff talks. we are less than three weeks now from the 1-2 punch of tax increases and government spending cuts and the two sides appear to be moving farther apart. here's house speaker john boehner describing his latest negotiations with the president, just over the phone last night. >> the president and i had a pretty frank conversation about just how far apart we are. >> dana bash is our senior congressional correspondent. she s unearthed some s
this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. [ tires squeal ] and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to
. these are live pictures from the national defense university right here in washington, d.c. we'll go there live. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was
? >> reporter: well, president obama, washington obviously keeping a close eye on the situation here in egypt. president obama expressing his concern about the violence and the people who died a couple of days ago. but beyond that phone call, it doesn't look like washington is getting any more involved. there is certainly going to keep a close eye. egypt is going to be an important country for washington moving forward. especially for the u.s.' stated priority of keeping israel secure. egypt is going to play a role on that. and rest assured, that they're going to assess president morsi and this egyptian government based on how they handle this political crisis. deb? >> is there also concern, look, a lot of the people who are demonstrating, they're going to be able to vote on this constitutional referendum. first of all, is there any concern that perhaps the vote will not be legitimate, that something will go wrong with it? or or, you know, if they don't like it, why not simply vote against it? >> reporter: certainly there is that possibility. i think all eyes are going to be on next saturday,
hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his family instead of going down and having a bourbon on the rocks with some of the congressional folks. >> sometimes though, you need to do to bourbon like when the country needs you. bourbon, beer, wine, whatever, after a
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but stalemate in washington continues, the white house demanding tax hikes on the top 2%. president obama lowered the amount from 1.6 to $1.4 trillion. that's not good enough for the republicans holding out for cuts to programs like social security. congressional leaders warn lawmakers not to make holiday travel plans. they will work to the last minute. >>> it's been a busy morning for all things business. >> certainly. he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. >> reporter: and we have some decent news on the economy but that's largely being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week ave
restaurants and nightlife and shopping and washington street was not flooded. many of our businesses have been impacted by the closure of the path, 60%. some businesses are reporting as much as 60% down in business. my main concern is the 200 or so businesses off of washington street who are struggling to either stay open, operating in an alternate location or potentially over the next several months could be forced to close down. that's my focus right now. >> i understand there was $1 hundred million in damage in hoboken. what is the main source of revenue for helping people get back to work and get back to business? >> well, for businesses the only option for them from the federal government is an sba loan, and that sba loan is either at 4% or ironic at better credit at 6%. in this economic climate when businesses have already taken loans, they just can't afford to take on so much more debt. i was advocating today for direct grants for the businesses, which is not currently available, for much lower loan rates. i mean, for an individual you can get a rate of 1.6%. can we do that for business
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